Hey Guys, Please I have a bunch of multiple choice questions I need help with... If someone could help me supply the answers that would be great... The Questions are in the pictures and are arranged serially from 1-20

Man Jidenna F U A Competitive Analys 04 Questionr 20 If you borrow $20,000 as a five-year loan from the bank and the bank wered requires you to make end-of year payments of $4878.05, what is the annual interest rate on this loan? Select one: O a 7 percent o b. 6 percent tof 1.00 estion One advantage of budgeting several months in advance is that you swered will be waned of potential deficiencies and can determine how to of 1.00cover them. uestion Select one: o True O False Interest income would come from eanings on aved ut of 100Select one: question " a. stocks. b. RESPs. c. term deposits. d. sale of mutual funds. The longer the time period,the loswer the present valtue interest factor other things being equal